A property development opportunity for eight homes, with a major works licence already granted and a tenanted commercial unit. Asking price: €455,000.
Some projects begin to create value long before the first brick is laid. In the centre of Gata de Gorgos, this property brings together the foundations for a new residential development: existing buildings, a project to convert them into eight homes, and a major works licence already granted.
Set on a 413 m² urban plot, the scheme proposes the refurbishment and conversion of the existing buildings, with approximately 766 m² of floor area counted for planning purposes. Construction has not yet started, allowing the purchaser to take the development forward from this stage, with the project defined and the licence in place.
Eight homes, different ways of living.
The project combines one- and two-bedroom apartments, a three-bedroom home and a four-bedroom duplex. This mix offers scope for a sales strategy spanning different property sizes, price points and buyer profiles, as well as the option to explore long-term residential letting.
The layouts feature private courtyards in several ground-floor homes, a terrace in the duplex, and additional spaces including dressing rooms and a multipurpose area in the largest property. These details give each home its own identity, creating a varied collection rather than a series of identical apartments.
The visual concept embraces Mediterranean-inspired interiors, with warm tones, natural textures and spaces that reflect the character of the town.
An existing income as the next chapter takes shape.
The property includes a commercial unit currently let for €651 per month, equivalent to €7,812 per year. This provides an income stream alongside the residential project and an additional element to factor into the overall investment strategy.
Gata de Gorgos: town life with the coast close by.
Shops, services and an established year-round community, in a town well connected to Jávea and Dénia. This location allows the development to appeal to buyers looking to settle in the Marina Alta who value living in a town with its own identity, within easy reach of the coast.
For developers, the appeal lies in bringing together eight planned homes, a varied property mix, a granted building licence and a commercial unit with an existing tenancy, all within a single acquisition. A defined starting point from which to assess costs, plan construction and shape the sales strategy.
At MORAGUESPONS, we can provide the floor plans and project information to help you assess the opportunity and arrange a viewing.
The property is offered for sale in its current condition, with the project and building licence. The asking price does not include construction works. Images are illustrative renderings of the proposed finished development.
(*) This information may be subject to errors and does not form part of any contract The offer may be changed or withdrawn without notice. The price does not include the costs of the purchase.
